Integrated Filing — IndAS



General information about company

Scrip Code 503031
NSE Symbol PENINLAND
MSEI Symbol NOTLISTED
ISIN INE138A01028
Name of company PENINSULA LAND LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Real Estate and Constructions
Start date and time of board meeting 05-02-2026   14:15:00
End date and time of board meeting 05-02-2026   16:24:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,729.00 10,233.00
Other income 384.00 1,523.00
Total income 3,113.00 11,756.00
2 Expenses
(a) Cost of materials consumed 623.00 1,309.00
(b) Purchases of stock-in-trade 295.00 1,968.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 1,060.00 2,750.00
(e) Finance costs 1,148.00 3,953.00
(f) Depreciation, depletion and amortisation expense 113.00 333.00
(f) Other Expenses
1 Other Expenses 1,052.00 3,260.00
Total other expenses 1,052.00 3,260.00
Total expenses 4,291.00 13,573.00
3 Total profit before exceptional items and tax (1,178.00) (1,817.00)
4 Exceptional items 0.00 (1,720.00)
5 Total profit before tax (1,178.00) (3,537.00)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 13.00 14.00
9 Total tax expenses 13.00 14.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (1,191.00) (3,551.00)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (7.00) (6.00)
16 Total profit (loss) for period (1,198.00) (3,557.00)
17 Other comprehensive income net of taxes 37.00 37.00
18 Total Comprehensive Income for the period (1,161.00) (3,520.00)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (1,192.00) (3,539.00)
Total profit or loss, attributable to non-controlling interests (6.00) (18.00)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (1,155.00) (3,502.00)
Total comprehensive income for the period attributable to owners of parent non-controlling interests (6.00) (18.00)
21 Details of equity share capital
Paid-up equity share capital 6,641.00 6,641.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.36 -1.07
Diluted earnings (loss) per share from continuing operations -0.36 -1.07
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.36 -1.07
Diluted earnings (loss) per share from continuing and discontinued operations -0.36 -1.07
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The financial results for the quarter and nine months ended 31st December 2025 have been reviewed by the Audit Committee of the Board and subsequently approved by the Board of Directors at its meeting held on 5th February 2026 in terms of Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015 Further the same have been subjected to review by the statutory auditors of the Company 2 These unaudited financial results of the Group have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Ind AS 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act 2013 as amended read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations 3 Exceptional items Rs in Lakhs Exceptional items comprise Quarter Ended Nine months Ended Year ended Dec 25 Sep 25 Dec 24 Dec 25 Dec 24 Mar 25 Pursuant to Court order refund of Property tax paid in earlier years 1,082 Impairment Reversals of loans and investments in equity of Associates Joint ventures Negative 1135 Negative 1720 Negative 2222 Total Negative 1135 Negative 1720 Negative 1140 4 The National Company Law Tribunal NCLT had passed an order on 14th July 2025 for initiation of Corporate Insolvency Resolution Process CIRP in respect of Hem Infrastructure and Property Developers Private Limited HIPDPL which is a Joint Venture entity of the Group This order was pursuant to a Petition filed by JM Financial Credit Solutions Ltd JMFCSL against HIPDPL by invoking corporate guarantee given by HIPDPL in respect of loans of Rs 26626 lakhs granted to Hem Bhattad AOP HBAOP plus accrued interest thereon JMFCSL has also secured orders under SARFAESI Act2002 and on 7th October 2025 taken over physical possession of the property belonging to HBAOP which formed part of the security against the loan The Group had filed an appeal before the National Company Law Appellate Tribunal NCLAT to quash the NCLT order which was dismissed vide order dated 29th October 2025 During the current quarter the Group has preferred an appeal with the Honble Supreme Court on 27th December 2025 against NCLAT Order Meanwhile the Holding Company and HBAOP are also in discussion with JMFCSL for arriving at structured negotiated settlement of the dues The carrying value of the Groups aggregate financial exposure in HIPDPL is Rs 9184 lakhs comprising investments as of 31st December 2025 The Group has not been able to assess the extent of recoverability of the investment considering the ongoing NCLT proceedings and measures being taken for settlement of liabilities of HIPDPL The Group in consultation with legal advisors is actively evaluating and pursuing all possible legal and commercial remedies including the negotiations to safeguard its investments Pending the outcome of these actions the extent of recoverability of the aforesaid financial exposure cannot be assessed at this stage and therefore no adjustments have been made to the carrying amounts of investments in the consolidated financial results for the quarter and nine months ended 31st December 2025 The Group will continue to monitor the status of this matter in subsequent periods 5 During the period the Holding Company has converted fully paid up 7727000 0 Unsecured Compulsorily Convertible Debentures of face value of Rs 2 each in equivalent number of equity shares on 16th April 2025 at a conversion price of Rs 44 per share 6 During the period pursuant to the exercise of option by the investors the Holding Company of the group redeemed and repaid 26548672 fully paid-up unlisted unsecured optionally convertible debentures OCDs of Rs 56 each aggregating to Rs 15000 lakhs in accordance with the terms of the preferential issue thereof and the relevant OCD agreement This redemption was partly funded to the extent of Rs11250 lakhs by redemption of the Holding Companys investment in 562499988 unsecured nonconvertible debentures NCDs of Rs 2 each in accordance with the terms of the relevant NCD OCD agreement and the balance was funded out of the Holding Companys own liquid funds 7 The Government of India notified the Code on Wages 2019 the Code on Social Security 2020 the Industrial Relations Code 2020 and the Occupational Safety Health and Working Conditions Code 2020 collectively the Labour Codes on 21st November 2025 The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in Labour Codes The Group has evaluated the impact of increased employee benefit obligations arising from the implementation of the Labour Codes based on its best judgement Accordingly the Group has recognized an additional charge of Rs 166 lakhs under the head employee benefit expenses in the financial results for the quarter and nine months ended 31st December 2025 The Group continues to monitor the finalisation of Central State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect as and when such clarifications are issued rules are notified 8 The Group is primarily engaged only in the business of real estate development As the Group operates in a single business and geography the disclosure of such segment wise information as defined in IND AS 108 Operating Segments is not required and accordingly not provided



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be classified to profit or loss 37.00 37.00
Total Amount of items that will not be reclassified to profit and loss 37.00 37.00
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 37.00 37.00